$387,000
SOLD DEC 30, 2024

212A, 212B, 214A, 21 Alaska Ave Hoffman, MN 56339

8 Beds
4 Baths
3,936 Sq Ft
0.56 Acres

Recently Sold

$98 Per Sq Ft

12% Below List Price

67 Days on Market

Highlights

  • Corner Lot
  • 1-Story Property
  • Baseboard Heating
  • 4 Car Attached Garage

About This Home

As of December 2024

Excellent investment opportunity! This fully occupied 4-unit property is a landlord's dream. Each unit offers 2 bedrooms, 1 bathroom, laundry, and an attached 1-stall garage. Located on a desirable corner lot, the property is a strong performer with current leases in place. The sellers have also done the work to split the units, offering you the option to sell them off individually in the future. Whether you're looking to build your portfolio or make your money work for you, this property is a smart move in today's real estate market!

Last Agent to Sell the Property

Fatima Holm

Central MN Realty LLC Listed on: 09/16/2024

Central MN Realty LLC

Co-Listed By

Lance Bailey

Central MN Realty LLC

Last Buyer's Agent

Darin Johnson

Glenwood State Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,272

Year Built

  • Built in 1997

Lot Details

  • Lot Dimensions are 182.8x53.98x180.65x70.19x151.09
  • Corner Lot
  • Additional Parcels

Parking

  • 4 Car Attached Garage

Home Design

  • Quadruplex

Interior Spaces

  • 3,936 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Utilities

  • Baseboard Heating

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • The owner pays for insurance, grounds care, repairs, sewer, snow removal, taxes, trash collection
  • Assessor Parcel Number 210008201

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,272

Year Built

Built in 1997

Lot Details

0

Parking

4

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Quadruplex
  • Garage Spaces: 4
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1997
  • Above Grade Finished Sq Ft: 3936
  • Water Sewer Expenses: 1
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Living Area: 3936
  • Owner Pays: Insurance, Grounds Care, Repairs, Sewer, Snow Removal, Taxes, Trash Collection
  • Basement YN: No
  • Appliances: Electric Water Heater,Range
  • Total Rooms: 5

Beds/Baths

  • Total Bedrooms: 8

Exterior Features

  • Roof: Asphalt
  • ConstructionMaterialsDesc: Frame

Garage/Parking

  • Parking Features: Attached Garage, Concrete
  • Garage Square Feet: 1392

Utilities

  • Heating: Baseboard
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Electric
  • Number of Ranges: Four

Schools

  • Junior High Dist: West Central Area
  • SchoolDistrictNumber: 2342
  • SchoolDistrictPhone: 320-528-2650

Lot Info

  • Lot Size: 182.8x53.98x180.65x70.19x151.09
  • Land Lease: No
  • Lot Features: Corner Lot
  • Additional Parcels Description: 210008202,201000823
  • Additional Parcels: Yes
  • Zoning Description: Residential-Multi-Family,Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding
  • Units Total: 4

Rental Info

  • Expenses: 1.0000

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 210008201
  • Tax Annual Amount: 7272
  • TaxWithAssessments: 7272.0000

Multi Family

  • TenantPays: Cable TV, Electricity
  • ElectricExpense: 1
  • FuelExpense: 1
  • Resident Manager Expense: 1
  • Number Of Refrigerators: Four

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2024 12/30/24 Sold $387,000 -12.0% $98 / Sq Ft
11/22/2024 11/22/24 Pending -- -- --
09/16/2024 09/16/24 For Sale $439,900 -- $112 / Sq Ft
Source: NorthstarMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6604828

NorthstarMLS